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How Does International Trade Impact the U.S. Economy ? 

         Only five percent of the world consumers live in the U.S. Therefore, if the U.S. only trade domestically, it will only have small share of potential customers in the world. International trade help diversify U.S. domestic economy. It helps the overall economy of the U.S. grow stronger. International trading also help small companies grow and become more competitive in the world market.


          The study shows that international trade help the small business’s growth. Over two-thirds of exporters firms have over twenty employees. The majority of small and medium-sized international trading firms  only sell to one foreign market. If they can easily boost up their sales by increasing the number of countries they sell to. Why are they so important?  Because, the small and medium sized international trading firms made up almost ninety seven percent of U.S. exporters. But they only represent thirty percent of export value of U.S. products. They have strong potential in expanding.

           The statistics show that the United State exports has increased from 224 billion to $1.1 trillion in the past twenty five years. Small and medium size international trading firms create new jobs in the United State.

 

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